Empirical analysis of Ethereum-based tokenized RWAs finds heterogeneous liquidity across categories, with gold-backed tokens showing more persistent activity than Treasury or credit tokens and outstanding value not predicting liquidity.
Empirical evidence on the ownership and liquidity of real estate tokens.Financial Innovation2023, 9, 45
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Tokenized but Illiquid? Evidence from Real-World Asset Markets
Empirical analysis of Ethereum-based tokenized RWAs finds heterogeneous liquidity across categories, with gold-backed tokens showing more persistent activity than Treasury or credit tokens and outstanding value not predicting liquidity.